ErreDue Past Earnings Performance
Past criteria checks 2/6
ErreDue has been growing earnings at an average annual rate of 29.2%, while the Machinery industry saw earnings growing at 19.5% annually. Revenues have been growing at an average rate of 24.1% per year. ErreDue's return on equity is 11%, and it has net margins of 18.6%.
Key information
29.2%
Earnings growth rate
12.5%
EPS growth rate
| Machinery Industry Growth | 19.4% |
| Revenue growth rate | 24.1% |
| Return on equity | 11.0% |
| Net Margin | 18.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How ErreDue makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 18 | 3 | 4 | 0 |
| 31 Dec 22 | 13 | 2 | 3 | 0 |
| 30 Jun 22 | 13 | 2 | 3 | 0 |
| 31 Mar 22 | 13 | 2 | 3 | 0 |
| 31 Dec 21 | 12 | 2 | 3 | 0 |
| 31 Dec 20 | 8 | 1 | 2 | 0 |
Quality Earnings: RDUE has a high level of non-cash earnings.
Growing Profit Margin: RDUE's current net profit margins (18.6%) are higher than last year (12.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RDUE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare RDUE's past year earnings growth to its 5-year average.
Earnings vs Industry: RDUE earnings growth over the past year (105.6%) exceeded the Machinery industry 6.1%.
Return on Equity
High ROE: RDUE's Return on Equity (11%) is considered low.